economic slowdown

South Korea Braces For Coronavirus-Caused Recession
South Korea Braces For Coronavirus-Caused Recession
February 19, 2020  |  International

South Korea may be in danger of a recession in the wake of the deadly coronavirus because of its China-dependent economy, President Moon Jae-in warned....

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Services Sector Drives US Business Growth; Europe Loses Momentum
Services Sector Drives US Business Growth; Europe Loses Momentum
January 26, 2020  |  International

Breaking trends in the rest of the world, the U.S.’ business activity is on the upswing so far in 2020. In other major countries, that...

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People’s Bank Of China: Hundreds Of Country’s Banks At Risk
People’s Bank Of China: Hundreds Of Country’s Banks At Risk
November 25, 2019  |  Banking

This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the...

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Chinese Firms Grappling With $200B+ IOUs
Chinese Firms Grappling With $200B+ IOUs
August 07, 2019  |  International

The intensifying U.S. trade war with China has triggered an economic slowdown and cash shortage, with Chinese businesses forced to accept IOUs, The New York...

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